AGREEMENT FOR PURCHASE AND SALE by and among RED STONE RESOURCES, LLC, AND RED STONE OPERATING, LLC, (“Seller”) and PANHANDLE OIL & GAS INC., (“Buyer”) August 24, 2020Purchase and Sale Agreement • August 27th, 2020 • Panhandle Oil & Gas Inc • Crude petroleum & natural gas • Oklahoma
This Agreement for Purchase and Sale (this “Agreement”) is made and entered into this the 24th day of August, 2020 (the “Execution Date”), by and between Red Stone Resources, LLC, an Oklahoma limited liability company, for itself and as successor-in-interest by merger to Macedonia Minerals, LLC, a former Texas limited liability company, and Red Stone Operating, LLC, an Oklahoma limited liability company (collectively, “Seller”) and Panhandle Oil & Gas Inc., an Oklahoma corporation (“Buyer”). Seller and Buyer are collectively referred to herein as the “Parties,” and Seller and Buyer are sometimes individually referred to herein as a “Party.”
